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The Economic Impact of COVID-19

At the moment, financial market participants around the world have decided that this disease is going to hit the global economy about as hard as the disastrous Spanish Flu Epidemic of 1918. That was the first appearance of the H1N1 virus or “bird flu.” It sickened more than 500 million people globally or about one-third

Paying for College: Tax Savings

The tax law changes of 2018 eliminated the tuition and fees deduction for college expenses. There are still several ways to save on taxes when saving for and paying for college.

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There Is Risk Everywhere – Keep Calm and Carry On

The events of this past week should serve as good reminder to all of us that no matter what you do every day, we face risks beyond our control. Not that we should live our lives in constant fear – we should just prepare for the worst and then feel very fortunate should we end up living long and healthy lives.

Ready, Set, Retire! - Parsec Financial - Retirement Planning

Budgeting Goals Made (Somewhat) Simple

Budgeting is very important for setting yourself up for longer term financial success. I personally prefer monitoring three separate equations for main spending goals including retirement savings, home mortgage costs, and overall debt servicing costs.

Four Things You Should Know About the SECURE Act

Now that the in-laws have left and the last of the holiday leftovers have been emptied from the fridge (hopefully!), let’s review four impactful changes brought about by the SECURE Act of 2019, which went into effect January 1, 2020.

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